Edition by Jeffrey F. Beatty
Complete Chapter Solutions Manual
are included (Ch 1 to 44)
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,Table of Contents are given below
Chapter 1. Introduction to Law
Chapter 2. Ethics and Corporate Social Responsibility
Chapter 3. International Law
Chapter 4. Common Law, Statutory Law, and Administrative Law
Chapter 5. Constitutional Law
Chapter 6. Dispute Resolution
Chapter 8. Intentional Torts and Business Torts
Chapter 9. Negligence, Strict Liability, and Product Liability
Chapter 10. Privacy and Internet Law
Chapter 11. Introduction to Contracts
Chapter 12. The Agreement: Offers and Acceptances
Chapter 13. Consideration
Chapter 14. Legality
Chapter 15. Voidable Contracts: Capacity and Consent
Chapter 16. Written Contracts
Chapter 17. Third Parties
Chapter 18. Contract Termination
Chapter 19. Remedies
Chapter 20. Practical Contracts
Chapter 21. Introduction to Sales
Chapter 22. Ownership, Risk, and Warranties
Chapter 23. Performance and Remedies
Chapter 24. Secured Transactions
Chapter 25. Creating A Negotiable Instrument
Chapter 26. Liability for Negotiable Instruments
Chapter 27. Accountants’ Liability
Chapter 28. Agency Law
Chapter 29. Employment and Labor Law
Chapter 30. Employment Discrimination
Chapter 31. Starting a Business: LLCS and Other Options
Chapter 32. Partnerships
Chapter 33. Life and Death of a Corporation
Chapter 34. Management Duties
Chapter 35. Shareholder Rights
Chapter 36. Bankruptcy
Chapter 37. Securities Regulation
Chapter 38. Antitrust
Chapter 39. Consumer Protection
Chapter 40. Environmental Law
Chapter 41. Intellectual Property
Chapter 42. Real Property and Landlord–Tenant Law
Chapter 43. Personal Property and Bailment
Chapter 44. Planning for the Future: Wills, Trusts, and Insurance
,Solution and Answer Guide
Beatty/Samuelson/Abril, Essentials of Business Law - 8e, ©2026, 9798214045368;
Chapter 1: Introduction to Law
TABLE OF CONTENTS
Multiple Choice Questions..................................................................................................1
Additional Exam Strategy Questions.................................................................................2
Case Questions.....................................................................................................................3
Discussion Questions...........................................................................................................4
MULTIPLE CHOICE QUESTIONS
1. The United States Constitution is among the finest legal accomplishments in the history of
the world. Which of the following influenced Ben Franklin, Thomas Jefferson, and the rest
of the Founding Fathers?
I. English common-law principles
II. The Iroquois system of federalism
a. Only I
b. Only II
c. Both I and II
d. Neither I nor II
Answer: C.
2. Which of the following parts of the modern legal system are “borrowed” from medieval
England?
a. Jury trials
b. Special rules for selling land
c. Following precedent
d. All of these
Answer: D
3. Union organizers at a hospital wanted to distribute leaflets to potential union members,
but hospital rules prohibited leafleting in areas of patient care, hallways, cafeterias, and
any areas open to the public. The National Labor Relations Board (NLRB), a government
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, Solution and Answer Guide: Beatty/Samuelson/Abril, Essentials of Business Law - 8e, ©2026, 9798214045368; Chapter 1: Introduction
to Law
agency, ruled that these restrictions violated the law and ordered the hospital to permit
the activities in the cafeteria and coffee shop. What kind of law was NLRB creating?
a. A statute
b. Common law
c. A constitutional amendment
d. Administrative regulation
Answer: D. The NLRB, as an agency, creates regulations. Congress creates statutes, and
judges shape the common law.
4. For a statute to become law, Congress must pass it by a:
I. Majority vote in the House
II. Majority vote in the Senate
III. Two-thirds vote in the House, but only if the president has first vetoed it
IV. Two-thirds vote in the Senate, but only if the president has first vetoed it
a. Just I and II
b. Just III and IV
c. All of these
d. None of these
Answer: C
5. Dr. Martin Luther King, Jr., wrote “An unjust law is no law at all.” As such, “One has ... a
moral responsibility to disobey unjust laws.” Dr. King’s view is an example of:
a. legal realism.
b. jurisprudence.
c. legal positivism.
d. natural law.
Answer: D
ADDITIONAL EXAM STRATEGY QUESTIONS
1. The stock market crash of 1929 and the Great Depression that followed were caused, in
part, because so many investors blindly put their money into stocks they knew nothing
about. During the 1920s, it was often impossible for an investor to find out what a
corporation was planning to do with its money, who was running the corporation, and
many other vital things. Congress responded by passing the Securities Act of 1933, which
required a corporation to divulge more information about itself before it could seek
money for a new stock issue. What kind of law did Congress create?
Strategy: What is the question seeking? The question asks you which type of law Congress
created when it passed the 1933 Securities Act. What are the primary kinds of law?
Administrative law consists of rules passed by agencies. Congress is not a federal agency.
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